Defined Benefit (Pension) ยท DOL Form 5500 ยท 2022

Martin Marietta Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$1.1B
Total assets
8,414
Participants
98th
Percentile by assets

Sponsored by Martin Marietta Materials, Inc. ยท North Carolina ยท Mining & Oil Extraction

What the 2022 filing shows

Martin Marietta Pension Plan holds $1.1B for 8,414 participants - about $129,694 per participant, in the top 5% of all filed plans by assets, down 15.1% over the 2022 plan year.

$1.1B
total plan assets (2022 EOY)
8,414
covered participants
98th
percentile by assets (of 84,055 plans)
$129,694
avg assets per participant

The plan reported a net loss of $194M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$1.1B
Participants
8,414
Industry
Mining & Oil Extraction

What the Filing Says About Martin Marietta Pension Plan

Martin Marietta Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Martin Marietta Materials, Inc., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $1.1B in total end-of-year assets and covers 8,414 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 561848578, and the plan has been effective since 1966-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.3B at the beginning of 2022 to $1.1B at year-end - a decline of 15.1%. Net assets (after liabilities) closed the year at $1.1B, with reported net income of $-193,715,000 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.3B
Total Assets (End of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income$-193,715,000
Plan TypeDefined Benefit (Pension)
Employer EIN561848578
Plan Effective Date1966-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martin Marietta Materials, Inc.)

Year Plans Participants Total Assets
2022 2 16,651 $1.8B
2023 2 17,385 $2.0B
2024 2 17,471 $2.2B

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Martin Marietta Pension Plan?
As of the 2022 Form 5500 filing, Martin Marietta Pension Plan holds $1.1B in total assets with 8,414 participants. It is sponsored by Martin Marietta Materials, Inc..
What type of plan is Martin Marietta Pension Plan?
Martin Marietta Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1966-04-01. The plan is filed with the U.S. Department of Labor under EIN 561848578.
Who sponsors the Martin Marietta Pension Plan?
Martin Marietta Pension Plan is sponsored by Martin Marietta Materials, Inc., located in North Carolina. The sponsor's EIN is 561848578 and the plan operates in the Mining & Oil Extraction industry.
How did Martin Marietta Pension Plan perform in 2022?
Martin Marietta Pension Plan declined by 15.1% during 2022, moving from $1.3B to $1.1B in total assets. Net income was $-193,715,000.
Where can I find official filings for Martin Marietta Pension Plan?
Official Form 5500 filings for Martin Marietta Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561848578 or plan name at efast.dol.gov.
How does Martin Marietta Pension Plan compare to other plans?
You can compare Martin Marietta Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561848578.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.